Lord Marlesford
Main Page: Lord Marlesford (Conservative - Life peer)
Lord Sassoon
I thank the right reverend Prelate for that question. I would stress that by having a target of a one-third reduction in administration costs, which we hope to exceed, we will be able to target the expenditure on where it really matters, including in the ways that he has described.
Lord Marlesford
My Lords, given that the cost of compliance with government regulations by the business sector is tax-deductible and therefore a net cost to the Exchequer, will my noble friend seek to bring under better control some of the quangos whose regulatory functions appear to lack both proportionality and common sense? Will he ensure that if they are to continue at all, they are brought under much tighter discipline?
Lord Sassoon
I simply confirm that that will be done, in line with my noble friend’s suggestions.